DGAP-News: Wirecard AG: On-track growth in third quarter, bandwidth for 2012 forecast tightened
(firmenpresse) - DGAP-News: Wirecard AG / Key word(s): Quarter Results/Interim Report
Wirecard AG: On-track growth in third quarter, bandwidth for 2012
forecast tightened
14.11.2012 / 07:53
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Aschheim (Munich), November 14, 2012: During the third quarter of 2012,
Wirecard AG successfully continued its on-track growth. Consolidated
revenues increased in the quarter under review by 20.3 percent to EUR 101.6
million (Q3 2011: EUR 84.5 million). EBITDA lifted by 23.8 percent to EUR
28.8 million compared to the same period of the previous year (EUR 23.2
million).
Consolidated revenues increased in the first nine months by 20.3 percent
from EUR 232.4 million to EUR 279.5 million. Consolidated EBITDA lifted in
the first nine months of 2012 by 33.4 percent from EUR 58.6 million in the
previous year to EUR 78.1 million. Without the extraordinary expenses
totaling EUR 5.2 million incurred in the first six months of 2011 this
increase would have totaled 22.5 percent. The EBITDA margin in the first
nine months of 2012 amounted to 27.9 percent. Cash flow from operating
activities (adjusted) increased during the first nine months of 2012 to EUR
65.3 million (9M/2011: EUR 48.2 million).
During the first three quarters the transaction volume processed via the
Wirecard platform increased by 33 percent to EUR 14.9 billion. Asia
accounted for around 10 percent of this total.
Outlook
Wirecard is focusing on its core competence of technical payment processing
in combination with innovative bank-based services and products. In
addition to the sustained positive growth of eCommerce in Europe and Asia,
the new divisions also offer extraordinary opportunities for the Wirecard
Group's future growth.
'We are continuing to focus on mostly organic growth, which we will
supplement with smaller acquisitions on our target markets,' explained Dr.
Markus Braun, Wirecard AG's CEO, and continued: 'My colleagues on the board
and I are taking a positive view of the coming year thanks to our current
sales pipeline.'
The Management Board has added granularity to its previous EBITDA forecast
for fiscal year 2012 of EUR 103 to 115 million, to a current forecast of
EUR 106 to 113 million.
The Q3/9-month report 2012 is available for downloading immediately on our
web site.
http://www.wirecard.com/investorrelations/financialreports/
Contact:
Iris Stöckl
VP Corp.Com./IR
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl(at)wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY
End of Corporate News
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Language: English
Company: Wirecard AG
Einsteinring 35
85609 Aschheim b. München
Germany
Phone: +49 (0)89-4424 1400
Fax: +49 (0)89-4424 1500
E-mail: ir(at)wirecard.com
Internet: www.wirecard.com
ISIN: DE0007472060
WKN: 747206
Indices: TecDAX, Prime All Share, Technology All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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193106 14.11.2012
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